Reported 1 day ago
Billionaire investor Ken Griffin has significantly reduced his holdings in Broadcom, selling over half of his stake, and instead invested heavily in Nvidia, increasing his shares by 454%. This move aligns with Griffin's strong belief in the transformative potential of AI, reflected in Nvidia's remarkable revenue growth driven by its leading role in AI computing. While Griffin's strategy raises questions about market trends, it reinforces Nvidia's status as a key player in the AI revolution.
Source: YAHOO